About Promark
Promark is a company based in Sahibzada Ajit Singh Nagar (India) founded in 2003 was acquired by BBI in October 2023.. The company has 46 employees as of March 31, 2024. Promark offers products and services including Interactive Flat Panel Display, Professional Large Format Display, Video Conferencing Solutions, Interactive Whiteboard, and Office Furniture. Promark operates in a competitive market with competitors including Cupid, FAZE THREE LIMITED, Unison Metals, Flexipol Foams and KH Group, among others.
- Headquarter Sahibzada Ajit Singh Nagar, India
- Employees 46 as on 31 Mar, 2024
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Promark Techsolutions Private Limited
- Date of Incorporation 05 Oct, 2010
- Jurisdiction Morinda, Punjab, India
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Products & Services of Promark
Promark offers a comprehensive portfolio of products and services, including Interactive Flat Panel Display, Professional Large Format Display, Video Conferencing Solutions, Interactive Whiteboard, and Office Furniture. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device for interactive learning in classrooms and meetings.
High-quality screen for presentations and signage.
Enables remote collaboration for educational settings.
Touch-based board for enhanced classroom interaction.
Furniture designed for schools and offices.
Funding Insights of Promark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Promark
Promark has secured backing from 1 investor. Prominent investors backing the company include BBI. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Promark
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Promark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Promark Comparisons
Competitors of Promark
Promark operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cupid, FAZE THREE LIMITED, Unison Metals, Flexipol Foams and KH Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Contract manufacturer of male & female condoms
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| domain | founded_year | HQ Location |
Home furnishings and automobile textiles are contract-manufactured.
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| domain | founded_year | HQ Location |
Hot and cold rolled stainless steel sheets are contract manufactured.
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| domain | founded_year | HQ Location |
Contract manufacturer of industrial grade foam products
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| domain | founded_year | HQ Location |
Specializes as a contract manufacturer of leather footwear, bags, and gloves.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Promark
When was Promark founded?
Promark was founded in 2003.
Where is Promark located?
Promark is headquartered in Sahibzada Ajit Singh Nagar, India. It is registered at Sahibzada Ajit Singh Nagar, Punjab, India.
How many employees does Promark have?
As of Mar 31, 2024, the latest employee count at Promark is 46.
What is the annual revenue of Promark?
Annual revenue of Promark is $12.62M as on Mar 31, 2023.
What does Promark do?
Promark was established in 2003 in Sahibzada Ajit Singh Nagar, India. Operations are centered on contract manufacturing within the IT and furniture sectors. Services include production of hardware components and assembled furniture for various clients. Focus is placed on customized manufacturing processes to meet specifications. The company maintains its primary base in India, supporting regional and international supply needs in these industries.
Who are the top competitors of Promark?
Promark's top competitors include Cupid, FAZE THREE LIMITED and Unison Metals.
What products or services does Promark offer?
Promark offers Interactive Flat Panel Display, Professional Large Format Display, Video Conferencing Solutions, Interactive Whiteboard, and Office Furniture.
Who are Promark's investors?
Promark has 1 investor. Key investors include BBI.
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